|Exchange:||New York Stock Exchange|
|Stock:||Usana Health Sciences, Inc.|
|Industry:||Household & Personal Products|
|USANA Health Sciences, Inc. was founded in 1992. The Company develops and manufactures high-quality, science-based nutritional and personal care products with a focus on promoting long-term health and reducing the risk of chronic degenerative disease. It has operations in 18 markets worldwide where it distributes and sells its products by way of direct selling. Its customer base comprises two types of customers: "Associates" and "Preferred Customers." Associates are independent distributors of its products, who also purchase its products for personal use. Preferred Customers purchase products strictly for personal use and are not permitted to resell or to distribute the products. As of December 29, 2012, the company had 247,000 active Associates and 64,000 active Preferred Customers. It has organized its markets into two geographic regions: North America/Europe and Asia Pacific, with three sub-regions under Asia Pacific. The Company distributes its products internationally through a network marketing system, which is a form of person-to-person direct selling. Its main objective is to be a developer, manufacturer and distributor of science-based nutritional and personal care products and to create a rewarding opportunity through network marketing for its associates who distribute its products. The Company competes with manufacturers, distributors, and retailers of nutritional products for consumers, and with network marketing companies for distributors. It is subject to the various laws and regulations unique both to the products that it sells and to its method of distribution.|
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